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Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Igboho Seeks FG Approval for New South-West Security Outfit

KEY POINTS Sunday Igboho says he is awaiting Federal Government approval to launch the...
Politics

Tinubu Sweeps APC Presidential Primary in Landslide Victory

KEY POINTS Bola Ahmed Tinubu won the 2026 APC presidential primary in a sweeping...
News

NCAA Places 11 Airlines on Sanction List Over Unpaid Debts

KEY POINTS The Nigerian Civil Aviation Authority placed 11 domestic airlines, including Air Peace...
Politics

Obasa’s Candidates Lose as APC Releases Lagos Assembly and Reps Primary Results

KEY POINTS Obasa-backed candidates lost in Lagos APC House of Assembly primaries, including in...
News

Nurse Group Demands Justice Over Murder Of Imo Student Nurse

KEY POINTS A nurses’ group condemned the alleged rape and murder of Imo student...
News

Bandits Invade Kwara Community, Burn Emir’s Palace, Abduct Residents

KEY POINTS Suspected bandits attacked Yashikira community in Kwara, abducting residents and burning parts...
Politics

Ahmed Galadima Emerges Winner of Adamawa APC Governorship Primary

KEY POINTS Ahmed Galadima won the Adamawa APC governorship primary with 414,444 votes. Abdulrazak...
Politics

Kwara Assembly Speaker Yakubu Danladi Wins APC Governorship Primary

KEY POINTS Yakubu Danladi Salihu won the Kwara APC governorship primary with 94,990 votes. ...
News

Teacher Killed in Oyo School Attack Laid to Rest Amid Ongoing Rescue Efforts

KEY POINTS Joel Adesiyan, a teacher killed during the Oyo school attack, was buried...
News

Ogun Hunters Warn of Planned School Kidnappings, Ask Government for More Security Support

KEY POINTS Hunters in Ogun State raised alarm over alleged threats by kidnappers to...
News

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
News

Lagos Judiciary Mourns as Justice Josephine Oyefeso Dies at 65

KEY POINTS Lagos State High Court judge Josephine Efunkumbi Oyefeso has died at the...
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Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
News

N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.